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The American art sale, which took place today, May 23, 2013 at Christie’s in New York, realized $50.8 million, the highest total that the category has seen since May 2008. 99 out of the 135 lots offered sold and 85% sold by value.

The auction’s top lot was Edward Hopper’s (1882-1967) oil on canvas painting Blackwell’s Island (1928), which brought $19.1 million (estimate: $15 million-$20 million). Hopper also took the sale’s second top spot with his watercolor on paper Kelly Jenness House (1932), which sold for $4.1 million (estimate: $2 million-$3 million) and set the auction record for a work on paper by the artist. The Hopper sales reinforced the artist’s continued popularity among buyers and the strong market demand for exceptional Modernist works.

A highly anticipated collection of six paintings by the Wyeth family of artists sold for upward of $2 million. The works by N.C. (1882-1945), Andrew (1917-2009), and Jamie Wyeth (b. 1946) were put up for sale by New Jersey-based businessman and avid collector of the Wyeths’ works, Eric Sambol. The highlight of the collection was N.C. Wyeth’s Norry Seavey Hauling Lobster Traps Off Blubber Island (1938), which garnered nearly $844,000.

Other significant sales from the auction included Norman Rockwell’s (1894-1978) Starstruck (1934), which brought over $2 million, exceeding its high estimate of $1.2 million, Georgia O’Keeffe’s (1887-1986) My Back Yard (1943), which was purchased by the Cincinnati Art Museum for $1.8 million (estimate: $1 million-$1.5 million), George Bellows’ (1882-1925) Splinter Beach (1913), which achieved $1.2 million (estimate: $500,000-$700,000), and Sanford Robinson Gifford’s (1823-1880) Tappan Zee (1879-80), which sold for $1.1 million (estimate: $200,000-$300,000).    

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On April 26, 2013 Christie’s announced the sale of Three Generations of Wyeth: The Collection of Eric and Cynthia Sambol, which will take place on May 23, 2013 as part of its American Art auction in New York. Comprised of thirteen works – one by N.C. Wyeth (1882-1945), six by Andrew Wyeth (1917-2009), and six by Jamie Wyeth (b. 1946) – it is one of the largest collections of Wyeths Christie’s has ever sold.

Eric Sambol, a 53-year-old New Jersey businessman, became captivated by the work of Andrew Wyeth after a school trip to the Metropolitan Museum of Art in 1976 to see the exhibition Two Worlds of Andrew Wyeth: Kuerners and Olsons. Years later in 2000, after building an impressive collection of Hudson River School and maritime paintings, Sambol acquired his first Andrew Wyeth painting, Flat Boat. With the help of his wife Cynthia, a landscape designer, the couple’s collection grew to include works by Andrew’s father, N.C. Wyeth, and Andrew’s son, Jamie Wyeth.

Highlights from the collection include Andrew Wyeth’s Rocky Hill, an emotionally wrought watercolor of his dog Nell, which is expected to garner between $1.8 million and $2.4 million; Jamie Wyeth’s Lighthouse Dandelions, which draws on the family’s close connection to Maine and is expected to sell for $250,000-$350,000; and N.C. Wyeth’s Norry Seavey Hauling Traps Off Blubber Island, which was painted as a gift to Roger Scaife, a friend of the artist and editor at Houghton Mifflin and is expected to bring $300,000 to $500,000.    

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